Do creditor rights influence the use of relationship lending? With data from EFIGE, gathered during a 2010 survey spanning seven European countries, this article addresses this question. First, it determines that banks and firms are more willing to implement relationship lending technology in...

There is evidence of a gender gap in access to finance. In this paper, we test the hypothesis that corruption discourages more female than male entrepreneurs from applying for credit. We use data on access to credit and corruption at the firm level for a large dataset of firms from 68 countries...

This paper deals with the concentration of corporate bank debt. In an economy with asymmetric information, we show that the bank debt concentration with a main bank possessing informational monopoly is a reliable signal of the firm's quality for the secondary banks. Precisely, the firm's choice...

The purpose of this work is to establish what bank strategies in fixing the credit conditions are in an asymmetric information framework. In order to do this, we use a set of 8646 observations of Belgian small and medium sized businesses. The numerous empirical tests realized seem to indicate...

For the past 20 years, scholars have extensively discussed the impact of banking competition on the choice between transactional and relationship lending technologies, both empirically and theoretically, but have not yet come to a resolution. This study addresses this question using a new...

This study tests for the presence of linear and nonlinear dependences in returns and volatility for six agricultural futures daily prices series, three traded on MATIF Euronext (wheat, corn, and rapeseed), and three traded on Chicago Board of Trade (red winter wheat, corn, and soybean) over the...

The joint plan by the U.S. Treasury and the Federal Deposit Insurance Corporation, announced on Monday, October 13, 2008, represented the largest financial transfer from taxpayers to financial institutions in U.S. history. Existing academic studies have analyzed whether this massive state...